Cost of Revenue Trends: Sarepta Therapeutics, Inc. vs Veracyte, Inc.

Biotech Cost Trends: Sarepta vs. Veracyte

__timestampSarepta Therapeutics, Inc.Veracyte, Inc.
Wednesday, January 1, 20149410300016606000
Thursday, January 1, 201514619400021497000
Friday, January 1, 201613000025462000
Sunday, January 1, 2017735300028195000
Monday, January 1, 20183419300033078000
Tuesday, January 1, 20195658600036523000
Wednesday, January 1, 20206338200041455000
Friday, January 1, 20219704900074400000
Saturday, January 1, 2022139989000101582000
Sunday, January 1, 2023150343000112903000
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Cracking the code

Cost of Revenue Trends: A Tale of Two Biotech Innovators

In the dynamic world of biotechnology, understanding cost structures is crucial for evaluating company performance. This analysis compares the cost of revenue trends for Sarepta Therapeutics, Inc. and Veracyte, Inc. from 2014 to 2023.

Sarepta Therapeutics, Inc.

Sarepta Therapeutics, a leader in precision genetic medicine, has seen its cost of revenue grow significantly over the past decade. Starting at approximately $94 million in 2014, it peaked at around $150 million in 2023, marking a 60% increase. This growth reflects Sarepta's expanding operations and increased production costs associated with its innovative therapies.

Veracyte, Inc.

Veracyte, Inc., a pioneer in genomic diagnostics, also experienced a notable rise in its cost of revenue. From $17 million in 2014, it surged to $113 million by 2023, a remarkable 560% increase. This trend underscores Veracyte's scaling efforts and the growing demand for its diagnostic solutions.

Both companies demonstrate the evolving landscape of biotech, where strategic investments in research and development drive long-term growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025